Posted by DigiNomad on 22nd of Mar 2024 at 05:39 pm
This is not simply a "rising market" - here's something I
researched and posted on X yesterday (please double check my
results...I would be interested if I missed a comparable period).
I tried to find another time in history where SPX has gone 20
weeks without a touch of the 9 week EMA. I didn't spot any. I found
a 16 week run in 2007, 18 in 1995, 11 in 1987 and 13 in 1971. It
seems like we're currently breaking records - aka, experiencing
asset hyperinflation.
If this isn't a bubble, then there has never been a
bubble...mathematically speaking, based on simply finding a period
that has ever compared to this one.
Bubbles can last a LONG time. I'm long as I can be because
I'm scared to death that Yellen's inflation is going to eat me
alive. Bubbles pop when someone unplugs the compressor. When
the spending slows, the market will slow.
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This is not simply a
My TV rolls to a recording of the Bloomberg open ...
Posted by DigiNomad on 22nd of Mar 2024 at 05:39 pm
This is not simply a "rising market" - here's something I researched and posted on X yesterday (please double check my results...I would be interested if I missed a comparable period).
I tried to find another time in history where SPX has gone 20 weeks without a touch of the 9 week EMA. I didn't spot any. I found a 16 week run in 2007, 18 in 1995, 11 in 1987 and 13 in 1971. It seems like we're currently breaking records - aka, experiencing asset hyperinflation.
If this isn't a bubble, then there has never been a bubble...mathematically speaking, based on simply finding a period that has ever compared to this one.
Bubbles can last a LONG time. I'm long as I can be because I'm scared to death that Yellen's inflation is going to eat me alive. Bubbles pop when someone unplugs the compressor. When the spending slows, the market will slow.